Nu Holdings Is Quietly Growing Its Banking Empire
Most investors first noticed Nu Holdings (NYSE: NU) for its eye-popping growth story. In just a few years, the Brazilian digital bank amassed more than 120 million customers across Latin America and became the world's largest digital banking platform.
But while the headlines focus on its rapid rise, a quieter -- and perhaps more important -- story is unfolding. Nu is steadily transforming from a flashy fintech into a full-scale banking empire.
Image source: Getty Images.
Source Fool.com
